Dr. Mustafa Madbouly, Prime Minister, today chaired the meeting of the economic ministerial group, in the context of discussing a number of important files and issues, in the presence of Hassan Abdullah, Governor of the Central Bank, Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation, Ahmed Kajuk, Minister of Finance, Dr. Sherif Farouk, Minister of Supply and Internal Trade, Engineer Hassan Al -Khatib, Minister of Investment and Foreign Trade, Yasser Sobhi, Deputy Minister Financial for financial policies, Rami Abu Naga, Deputy Governor of the Central Bank, Tariq Al -Khouli, Deputy Governor of the Central Bank, and Major General Essam Al -Najjar, Chairman of the General Authority for Export and Import Control, and officials of a number of concerned authorities. More foreign direct and indirect investment flows, and the intense efforts to reduce inflation, as well as efforts to enhance financial discipline through government measures in this regard, in a way that contributes to developing the performance of the Egyptian economy and supports comprehensive development efforts. The position of implementing and evaluating financing initiatives for companies and installations from the private sector, adding that the meeting also dealt with indicators of the financial performance of the state, the current rates of inflation, the efforts of the central bank, the ministries and the concerned authorities in containing them, in addition to the position of foreign direct investment flows, the general performance of Egyptian non -oil exports and imports. The low, the spokesperson explained that Hassan Abdullah pointed out that the initiatives being studied by the Central Bank, in coordination with the relevant authorities, aim to support the role of the private sector in a number of sectors, in a way that helps to achieve the state’s targets in the field of investment and employment. The economist, explaining that the Central Bank of Egypt periodically evaluates the solidity of the banking sector in the face of various risks, and there is a real flexibility for the Egyptian banking sector in facing any potential risks.
Dr. Dina Kassab, the main economic expert of the Central Bank To record 15.3% during the second quarter of 2025 compared to 29.4% during the second quarter of 2024 (to decrease by about 14 percentage points in one year), compared to 16.5% during the first quarter of 2025.
Dr. Dina Kassab said that this comes in conjunction with the decline of the previous trauma impact, and corrective monetary policy procedures during the year 2024.
as the spokesperson indicated. Until the Minister of Finance reviewed some features of the financial performance indicators for the fiscal year 2024/2025, especially with regard to the rate of real growth of the gross domestic product, indicating that estimates for the first closing account indicate a further improvement in the real growth rate of the gross domestic product, compared to what is listed in the budget, in addition to achieving an improvement in the initial surplus during the fiscal year 2024/2025. The Minister of Finance also gave an overview of the performance of the state’s general revenues and expenses for the previous fiscal year. Where the indicators reflected the acquisition of non -petroleum sectors on the largest percentage of net flows, indicating a relative success in diversifying the sources of investment away from the petroleum sector. & nbsp; & nbsp; & nbsp;
In the same context, the Minister of Investment confirmed that a number of procedures have been implemented to improve the quality of foreign direct investment data, and to develop the unified report of the quarterly for foreign direct investment flows, the most prominent of which is a detailed analysis of flows according to the main and branch sectors, as well as according to the investing countries, with the inclusion of strategic recommendations for decision -makers; To support investment policies. & nbsp; & nbsp; & nbsp;
In light of this, Major General Issam Al -Najjar explained that the gold represents the most exported commodity in terms of value, as it recorded an increase of 195% compared to last year, noting that oil oils and oils extracted from the minerals came second in the list of the most exported commodities, achieving 69% growth compared to the same period in the previous year. Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation, Recommendations of the United Nations Secretary -General Committee to address the debt crisis, and the efforts made by the ministry in the framework of the process of financing development in cooperation with international financing institutions and development partners.
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